Bitcoin dropped to $81K amid market uncertainty following a peak of $88K.
Analyst Michael van de Poppe sees potential for Bitcoin to reach $75K if it holds above $68K.
Altcoins may rally as Bitcoin consolidates, with improving macro conditions favoring crypto. ย
Bitcoin is under pressure again. After hitting $88,000 earlier this week, it has dropped to around $81,000 as market uncertainty grows. The decline follows a wave of selling and reflects the recent turbulence in the stock market after President Trumpโs tariff announcement. The altcoin market has also taken a $50 billion hit. While Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) are still struggling, Dogecoin (DOGE) and TRON (TRX) are showing slight signs of recovery. Bitcoin is currently trading near $82,000, with a daily trading volume of $39.45 billion.
The big question now: can it hold this level or fall further?
Bitcoin at a Key Level: Will It Bounce or Drop Further?
Bitcoin is now at a critical point, and the next few days could determine its short-term direction. If the price holds steady, a move toward $75,000 could be on the table โ and altcoins might follow with gains of their own. With macro conditions starting to improve and market sentiment turning more positive, thereโs hope for a rebound.
For now, though, investors are watching and waiting to see how the market responds.
Analyst Predicts Bitcoinโs Next Move
Well-known crypto analyst Michael van de Poppe has shared his latest thoughts on Bitcoinโs price movement. The cryptocurrency is currently hovering around $70,000, but Van de Poppe sees this as a setup for a bigger move. Heโs looking for an upward push toward $75,000 โ but for that to happen, Bitcoin needs to stay above a key support level at $68,000. If it drops below that, a fall to $65,000 is possible before the next major rally.
Van de Poppe isnโt only focused on Bitcoin. Heโs also paying attention to the bigger picture. Traditional markets are starting to show strength again, and more liquidity is flowing into riskier assets like crypto. A recent slowdown in inflation and hopes of interest rate cuts in the coming months could give Bitcoin the boost it needs. In other words, macroeconomic factors are starting to work in cryptoโs favor.
Altcoins May Be Next in Line
While Bitcoin takes center stage, Van de Poppe also sees growing potential in altcoins. As Bitcoin consolidates, he expects money to start shifting into altcoins, possibly sparking a fresh rally. Ethereum is a key one to watch, especially with developments like ETF approvals and growing interest from institutional investors. While the altcoin season hasnโt started yet, the setup for a breakout is building.
What Should Traders Do Now?
For investors and traders, Van de Poppe recommends patience. If Bitcoin stays above $68,000, itโs a sign that bullish momentum is holding, and buying during pullbacks could be a smart move. If it dips to $65,000, that could be a strong buying opportunity before another surge. At the same time, keeping an eye on promising altcoins might pay off as the market shifts.
So, the crypto world holds its breath โ what happens next is anyone’s guess, but definitely worth watching.
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FAQs
As per Coinpediaโs BTC price prediction, 1 BTC could peak at $169,046 this year if the bullish sentiment sustains.
With increased adoption, the price of 1 Bitcoin could reach a height of $610,646 in 2030.
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $5,148,828.